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Beacon Equity Issues Technical Trading Overview for Reddy Ice Holdings Inc.

GlobeNewswire
posted: 96 DAYS 10 HOURS AGO

DALLAS, Aug. 24, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Reddy Ice Holdings Inc. (NYSE:FRZ). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Reddy Ice Holdings Inc. (NYSE:FRZ) should be of particular interest to food/beverage manufacturers: Kraft Foods Inc. (NYSE:KFT), Tyson Foods Inc. (NYSE:TSN), ConAgra Foods Inc. (NYSE:CAG) and Smithfield Foods Inc. (NYSE:SFD).

It is available at: http://www.beaconequity.com/i/FRZ

Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity

Reddy Ice Holdings Inc. (FRZ) is the largest producer and distributor of ice to supermarket chains, convenience stores, wholesalers, food distributors, restaurants, resorts and mass merchants in 32 states in the United States. Founded in 2003, the Company is headquartered in Dallas, Texas.

In the report, the analyst notes:

"The market for packaged ice in the United States reached approximately $800 million in 2008, with gross profits estimates valued at $20.5 million from customers in 30 countries. The ice industry exported $18.3 million worth of ice merchandise to 59 countries. The market is heavily influenced by overall economic growth, weather patterns and consumer spending habits.

"The Company has focused on controlling costs and has benefited from lower input costs associated with the steep decline in energy and related energy costs. Although revenue dropped 2.7% in the third quarter of fiscal 2009 from the same quarter last year, gross margin, operating margin and net margin increased substantially. Net margin rose from 5.55% to 8.2%, a 43.9% improvement to the Company's net margin from last year."

To read the entire report visit: http://www.beaconequity.com/i/FRZ

See what investors are saying about these stocks at: http://www.stockhideout.com/

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon, please visit http://www.BeaconEquity.com

BeaconEquity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions and information free of charge exclusively to individuals who wish to receive them.

CONTACT:  BeaconEquity Research
          Jeff Bishop
          (469)-252-3505
          press@beaconequity.com
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